Baobab Valuation, Funding & Investors

Acko is a Bengaluru-headquartered digital insurer offering motor policies for cars and two-wheelers, health plans covering 40 conditions without waiting periods, and group coverage for corporate employees. Its app enables instant policy issuance, paperless claims processed in 30 minutes at 10,000 garages, and embedded products via partnerships with Ola, Uber, MakeMyTrip, and Amazon. Launched in 2016, Acko serves customers across 1,500 cities in India with telemedicine consultations and wellness tracking features.

Clearcover is a Chicago-based digital auto insurer founded in 2016 by Kyle Nakatsuji and Derek Brigham, former American Family Insurance employees. The company sells online auto insurance built around fast claims processing, transparent pricing, and an app-based customer experience, and has since added embedded insurance partnerships and AI-driven claims automation. Clearcover has also developed its own reciprocal insurance entity to expand into non-standard auto risks beyond its core direct-to-consumer product.

Reserv is a New York-headquartered insurtech firm optimizing property and casualty claims workflows. Its platform automates triage, assignment, and payments for managing general agents and carriers, integrating with Guidewire and Duck Creek. Deployed by insurers handling billions in premiums, it reduces cycle times through AI-driven insights and vendor networks.

SageSure is a San Juan Capistrano-headquartered managing general underwriter offering property insurance products for catastrophe-prone homeowners and small businesses in states including Florida, California, and Texas. Coverage options encompass coastal windstorm, earthquake, flood, and dwelling fire policies issued through partnerships with AM Best- and Demotech-rated carriers. Agents access real-time quoting, policy binding, document management, and servicing via a proprietary digital platform and API, with the Expanded Markets program addressing high-risk properties.

Sidecar Health is a San Francisco-headquartered health insurer that delivers plans without provider networks, prior authorizations, or referrals. Members access any doctor nationwide and pay via a dedicated Visa card, retaining half of savings if spending falls below their annual allowance. The company operates in California, Texas, and Oklahoma, displaying coverage details upfront to encourage cost-aware decisions. Sidecar Health reports fewer than 1% denied clinical claims, prioritizing member control over traditional insurer gatekeeping.

Tractable is an AI company automating damage assessment for insurance claims using computer vision. London-headquartered since 2014, its platform analyzes photos of vehicle and property damage to estimate repair costs in minutes. Tractable serves insurers like Direct Line and Tokio Marine in the U.S., U.K., and Japan. AI Review triages claims while AI Estimating generates itemized quotes integrated with workshop networks. The system processes millions of images annually, accelerating payouts.

Sagicor Group Jamaica Ltd is a financial services company. The company's business segment includes Sagicor Life, Sagicor Jamaica, Sagicor Life USA, and Sagicor Canada. It generates revenue largely from the Sagicor Jamaica segment. Individual Insurance provides individual clients with life and health insurance policies, individual annuities, investment products, living benefits, and other insurance-related solutions through various products. Geographically, it derives a majority of its revenue from Jamaica.

Anadolu Hayat Emeklilik AS is engaged in the provision of insurance services in Turkey. The activities of the company involve providing individual and group insurance and reinsurance services relating to group life, individual life, retirement and related personal accident branches, establishing retirement funds, developing internal rules and regulations related to these funds. It also engages in portfolio management, custody contracts and establishes retirement funds.

Helia listed on the Australian Securities Exchange in 2014 after its US-based parent, Genworth Financial (NYSE: GNW), sold down its stake. It has since exited. With a history spanning over 50 years, Helia is the largest provider of lenders' mortgage insurance, or LMI, in Australia. In Australia, LMI is predominantly purchased on loans with a loan/value ratio, or LVR, above 80%. LMI protects a lender against a potential loss (gap) between the outstanding loan amount and sale proceeds on a delinquent loan property. LMI does not protect the borrower; however, the premium is paid by the borrower. It’s regulated by the Australian Prudential Regulation Authority, which requires it to meet minimum regulatory capital requirements.

Branch is a digital insurance provider offering bundled home and auto policies purchased online in minutes. Columbus, Ohio-headquartered since 2021, the company leverages telematics and property data for personalized quotes averaging 30% savings. Instant bundling combines coverage from carriers like Progressive and Allstate under one platform. Embedded insurance partnerships extend to real estate platforms such as Zillow, facilitating quotes during home searches.

Heritage Insurance Holdings Inc is a regional property and casualty insurance company that offers a variety of personal and commercial insurance products. Through its subsidiaries, Heritage Property & Casualty Insurance, Narragansett Bay Insurance, and Zephyr Insurance, the company issues personal residential property insurance in various states in the United States. It also offers commercial residential insurance predominantly for its Florida properties. Heritage Insurance manages insurance underwriting, customer services, actuarial analysis, distribution, and claims processing internally. Company operates in Alabama, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Rhode Island, South Carolina.

International General Insurance Holdings Ltd is an international specialist commercial insurer and a reinsurer, underwriting a diverse portfolio of specialty lines. The company operates in a portfolio of Energy, Property, Construction, Engineering, Ports and terminals, Financial Institutions, General Aviation, Professional Indemnity, Casualty, Directors and Officers, Political Violence, Forestry, and Treaty Reinsurance. Its operating segment includes Specialty Longtail; Specialty Short tail and Reinsurance.

Anadolu Anonim Turk Sigorta Sirketi is Turkish insurance company. The company offers health insurance, fire and natural disaster insurance and motor vehicle insurance. Insurance provided for fire and natural disasters covers material damages occurred due to fire, lightening, explosion or smoke, steam, and temperature resulted from fire, lightning, and explosion up to insurance policy limits. Motor vehicle insurance covers accident with the motorized or non-motorized vehicles which used in highways, crash with fixed or moving items, theft or attempted theft and burn. Health insurance covers treatment costs of illnesses or accidental injuries during the period of insurance. The company operates its business solely in Turkey. Most of the company's revenue consists of premium received.

Chesnara PLC acts as a Life Assurance and pension consolidator. The group's investment markets include Australia, the UK, Hong Kong, Japan, and the USA. It provides unit-linked and non-linked contracts, which include death and morbidity benefits on whole life, endowment, and term assurance basis, as well as immediate annuity plans written from vested pensions through its subsidiary. The company's reportable segments include UK (life insurance and pensions), Movestic (Swedish life and pensions), Waard Group (closed Dutch life insurance), Scildon (open Dutch life insurance), and Other group activities (parent company). It derives maximum revenue from the Scildon segment, which represents the group’s open Dutch life insurance business.

Zego is a London-headquartered motor insurance provider for consumers, self-employed drivers, and gig economy workers. The company delivers usage-based policies integrated with apps for delivery and rideshare services. Zego partners with platforms like Deliveroo and Uber to offer pay-as-you-go coverage, flexible monthly policies, and telematics for safer driving.

John Hancock Tax-advantaged Div Inc Fd is a closed-end, diversified management investment company. Its investment objective is to provide a high after-tax total return from dividend income and capital appreciation. The fund's portfolio composition consists of common stocks, preferred securities, corporate bonds, convertible bonds, and short-term investments. Its sector composition comprises utilities, financials, energy, communication services, materials, healthcare, real estate, consumer Staples, and short-term investments.

Capricorn Group Ltd is a Namibia-based financial services group. It operates as an investment holding company with interests in banking, insurance, asset management, and microlending. The banking operation is the company's two operating segments, which include banking activities in Namibia and Botswana, as well as term lending and related activities in Namibia. Other components include property development, asset management, and unit trust management. The majority of the company's revenue comes from its banking operations in Namibia.

Ladder is a Palo Alto-headquartered digital life insurance provider offering term policies up to $8 million across all 50 U.S. states. Founded in 2015, the company delivers fully online quotes, applications, and policy management through real-time underwriting powered by machine learning. Ladder provides adjustable coverage from $100,000 to $3 million instantly for eligible applicants aged 20 to 60. Its no-exam process and monthly pricing model cater to tech-savvy consumers seeking flexible, commission-free insurance without agents.